Norwegian bank DNB has increased its shipping loan book in the first quarter as geopolitical uncertainty increases.
The maritime portfolio stood at NOK 36.66bn ($3.93bn) on 31 March, compared to NOK 36bn at the end of 2021.
Of this, NOK 168m was in stage 3, the last stage of restructuring before default, against NOK 327m three months earlier.
Oil, gas and offshore exposure sank to NOK 44.89bn,
